Global Temperature Sensors Market 

  • Product Code:
    RP-ID-10059716
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    128
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

Inflation and looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

The global Temperature Sensors Market was valued at USD 4.67 billion in 2016 and is projected to reach USD 6.93 billion by 2025, growing at a CAGR of 4.48% from 2017 to 2025.

A temperature sensor is a device, typically, a thermocouple or RTD, which provides for temperature measurement through an electrical signal.

Sample Infographics:





Market Dynamics:
1. Market Drivers
1.1 Increasing Importance of Advanced and Portable Healthcare Equipment
1.2 GrowingAutomotive Sector
1.3 Growing Trend of Home and Building Automation

2. Market Restraints
2.1 Saturation in Pc Market

Market Segmentation:
1. Global Temperature Sensors Market, by Application:
1.1 Process End-Use Application
1.1.1 Chemical and Petrochemical
1.1.2 Oil and Gas
1.1.3 Advanced Fuels
1.1.4 Metal
1.1.5 Energy and Power
1.1.6 Food and Beverages
1.1.7 Glass
1.1.8 Plastics
1.1.9 Refining
1.1.10 Others
1.2 Non-Process End-Use Application
1.2.1 Electrical and Electronics
1.2.2 HVAC
1.2.3 Healthcare
1.2.4 Automotive
1.2.5 Aerospace & Defense

2. Global Temperature Sensors Market, by Product Type:
2.1 Bimetallic Temperature Sensor
2.2 Temperature Sensor IC
2.3 Thermistor
2.4 Resistive Temperature Detector (RTD)
2.5 Thermocouple
2.6 Infrared Temperature Sensor
2.7 Fiber Optic Temperature Sensor

3. Global Temperature Sensors Market, by Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. ABB Limited
2. Amphenol Corporation
3. Analog Devices, Inc.
4. Global Mixed Mode Technology, Inc.
5. Honeywell International Inc.
6. Integrated Device Technology Inc.
7. Kongsberg Gruppen
8. Maxim Integrated Products Inc.
9. Microchip Technology Inc.
10. NXP Semiconductors N.V.
11. On Semiconductor Corporation
12. Siemens
13. Stmicroelectronics N.V.
14. TE Connectivity Ltd.
15. Texas Instruments Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Temperature Sensors Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.

The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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